Comments on: Big Cities Seeking Bailout Money Too

Philadelphia, Atlanta, Phoenix Mayors Say They Need A Share Of The $700 Billion

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by tbuckl November 15, 2008 3:15 PM EST
Sorry it was greater that 1500 words so I had to break it up into 3 posting.
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by tbuckl November 15, 2008 3:14 PM EST
continue so more...Hasn''t this government and the banking system proven to be destructive? Do the people now have a right to alter or abolish it and institute a new government? Thomas thought that "Rebellion to tyrants is Obedience to God." He further said, "The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants." Perhaps we have reached that point where it is time to refresh the tree of liberty and deal with these tyrants now destorying American. Now that I have said my thoughts about this swindle, showed myself as a Son Of Liberty should I stand out front of my home and wait for the black van to pull up and take me to Guantanamo Bay?
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by tbuckl November 15, 2008 3:13 PM EST
continue.. He said, "I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." The Preamble to his original draft of the Declaration of Independence, he wrote, "We hold these truths to be sacred & undeniable; that all men are created equal & independent, that from that equal creation they derive rights inherent & inalienable, among which are the preservation of life, & liberty, & the pursuit of happiness; that to secure these ends, governments are instituted among men, deriving their just powers from the consent of the governed; that whenever any form of government shall become destructive of these ends, it is the right of the people to alter or to abolish it, & to institute new government, laying its foundation on such principles & organizing its powers in such form, as to them shall seem most likely to effect their safety & happiness."
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by tbuckl November 15, 2008 3:11 PM EST
Perhaps the Government would think different if all the home owners who are loosing their homes were to blockage thier houses and take a stand, Use any and all force nessary to hold law enforcement off. One or two homeowners would not make a difference, but if 1 mil home owners put up a resistance then the police force would not have the man power to remove us all. If we band together, the Government will have to deal with us. Stand alone and they will take us one by one just like Nazi did. If it is the banks policy to rip us off, make us homeless while enjoying the bailout money for vacations, then take our homes and sale them for less than what we owe, it should be the policy of the citizens to repeal any and all government official attempt to effect this national swindle upon us. Again Thomas Jefferson saw that these tyrants would continue to rise up and we would need to forced them back down in order to maintain our liberty.
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by mcdonaj3 November 15, 2008 2:49 PM EST
And who is paying for this? Is money falling from the sky? Who is bailing out my 401K? From bloated pension plans to social security and medicare, virtually every level of government has made "promises" that can''t be kept. Excessive use of credit has caused the problem and our solution is borrow more. I fear for this country.
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by generey November 15, 2008 2:26 PM EST
LOL! And the can of worms is now open! Let the games begin!
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by michael1757 November 15, 2008 1:14 PM EST
In the state''s,as well as cities,what ever happened to "United we stand,Divided we fall"?
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by michael1757 November 15, 2008 1:12 PM EST
In the state''s,as well as citie''s,whatever happened to United We Stand,Divided We Fall?
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by reelamerican November 15, 2008 1:12 PM EST
The Big 3 automakers are near insolvency from the crushing debt to fund the union benefits package. The unions in Philly are second to none when it comes to their influence and affectation of policy.

Jeopardy held a tournament a few years ago in Philly at the new PA Convention Center and there were front page articles in the Inquirer relating to the in-fighting and work stoppages that erupted over who was going to get a piece of the Jeopardy money action. Several sources associated with Jeopardy were quoted as saying that they would never return to Philly again because of union influence and the astronomical costs associated with it.

You cannot blame a particular group for looking out for their own livelihoods....however, there needs to be some sanity in the "big picture" and so far there hasn''t been any. City mayors and council are elected through the support of unions and with the promise of supporting the unions in return, so there is no stopping that rolling stone. Jobs are leaving our country in droves and cities and other municipalities are bleeding from the union hemmorage. Yes, corruption and waste make up a portion of all tax dollar expenditures, but even if the ludicrous happened and you were able to clean the waste up, the commitments to unions for current and future benefits will only get worse. No amount of chest beating and the decrying of critics will change this "law of diminishing returns" formula. (putting soap box back now).
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by bhappy2-2 November 15, 2008 12:32 PM EST
I''ve said it before and I''ll say it again: If the government really wants to help the economy they would give the 700 billion to the citizens. We would pay off our mortgages, invest in new vehicles, possibly start our own businesses and thereby help the banks, the automobile manufacturers, the local stores, the local workforce and, most of all, the U.S. economy. But, if they did that, their buddies wouldn''t be able to waste 700 billion on themselves while continuing to foreclose on all these houses, etc. This whole bailout is one big fiasco. No one benefits from it except the banks, their incompetent managers and the government. The citizens are, once again, screwed.
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